E-bike maker Cowboy raises a small funding round as it targets profitability next year
Cowboy has closed funding of around $5.5 million. With this recent funding round, Cowboy is now valued at €40 million on a pre-money basis. © 2024 TechCrunch. All rights reserved. For personal use only.
Read morePaylocity is acquiring corporate spend startup Airbase for $325M
HR and payroll software company Paylocity has agreed to acquire corporate spend startup Airbase for $325 million, the companies announced Wednesday. The deal is subject to regulatory approval and is expected to close in the first or second quarter of Paylocity’s fiscal year, which would be sometime in the next
Read morePublishers prevail in lawsuit over Internet Archive’s ’emergency’ e-book lending
A long-running lawsuit over the Internet Archive’s “emergency” e-book lending practices during the COVID-19 pandemic has ended in a loss for the website and a victory for publishers. The lawsuit concerned the Internet Archive’s National Emergency Library, a program it established at the beginning of the pandemic to allow wider
Read moreRyan Breslow’s $450M Bolt deal said to involve a restraining order now
Ryan Breslow’s plan to get himself reinstalled as CEO of fintech company Bolt — and push through a $450 million fundraising deal that would value the startup at a staggering $14 billion — has apparently stalled. According to Forbes, Breslow sent an email to shareholders thanking them for signing off on the deal.
Read moreShort series app My Drama takes on Character.AI with its new AI companions
Maybe a lack of AI characters is what Quibi got wrong. At least, that’s what one startup appears to believe. My Drama is a new short series app with more than 30 shows, with a majority of them following a soap opera format in order to hook viewers. The app
Read moreThis Week in AI: VCs (and devs) are enthusiastic about AI coding tools
Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. This week in AI, two startups developing tools to generate and suggest code — Magic and Codeium — raised nearly half a billion dollars combined. The rounds were high even by
Read moreThe Cosmos Institute, whose founding fellows include Anthropic co-founder Jack Clark, launches grant programs and an AI lab
The Cosmos Institute, a nonprofit whose founding fellows include Anthropic co-founder Jack Clark and former Defense Department technologist Brendan McCord, has announced a venture program and research initiatives to — in the organization’s words — “cultivate a new generation of technologists and entrepreneurs equipped with deep philosophical thinking to navigate
Read moreTechCrunch Minute: X lost 40 million monthly active users after Brazil ban
Bluesky has gained 2 million new users over the last week, which can only mean one thing: something fishy is going on at X. And, indeed, X was banned in Brazil, which means the platform will lose an estimated 40 million monthly active users. The dispute between X and the
Read more